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"Closing" refers to the
meeting where ownership of the property is legally transferred
to the buyer. Your real estate agent will be present during
the closing to help explain the process and forms to you and
make sure everything goes as planned. By being present during
the closing, he or she can mediate any last minute issues that
may arise.
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As the seller, you will need to
be prepared to give over any necessary documentation regarding
the property and, depending on the arrangements made during
negotiations, you may be required to have done something
specific in order to close. Be sure to read all the documents
and ask any questions you may have. It is important that you
understand every document you are signing.
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